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The Latest Breaking News from China

Blinken visits tiny Tonga as US continues diplomatic push to counter China in the Pacific

Secretary of State Antony Blinken is visiting the tiny kingdom of Tonga as the United States continues to increase its diplomatic efforts in the Pacific while China’s influence in the region grows

The Independent UK

US’s Blinken visits Tonga, warns of ‘predatory’ Chinese aid

Blinken, who is in Tonga to dedicate a new embassy, is the first US Secretary of State to visit the Pacific nation.

Al Jazeera

Chinese and Russian officials to join North Korean commemorations of Korean War armistice

Both Russia and China are sending government delegations to North Korea this week for events marking the 70th anniversary of the armistice that halted fighting in the 1950-53 Korean War

The Independent UK

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Guam fears becoming ‘target’ over planned $1.5bn US defence system

Proposed air and missile defences raise ire of residents who are also concerned about environmental impacts

The Guardian - AU

First panda born in France says goodbye and heads to China

The first panda ever born in France bid farewell to the French zoo where it grew up and set off Tuesday for its new home in China

The Independent UK

The First Electric Pickup Truck In China Is Heading Overseas

A new fully electric pickup truck will be moving onto international markets, and it's not a model most folks are likely to have heard of.

InsideEVs

Zambia’s Barbra Banda: ‘I was a pro boxer. I had no option but to go one way’

The Copper Queens’ leading striker, who has played in Spain and is now in China, has come through a traumatic time with her country

The Guardian - UK

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Dollar Little Changed Ahead of an Expected Fed Rate Hike Wednesday

The dollar index (DXY00 ) Tuesday rose by +0.01% and posted a 2-week high. Higher T-note yields Tuesday were supportive for the dollar. Also, expectations for the Fed to raise the fed funds target range by 25 bp following the conclusion of the Tue/Wed FOMC meeting is bullish for the...

Barchart

Crude Moves Higher on Improved Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) on Tuesday closed up +0.89 (+1.13%), and Sep RBOB gasoline (RBU23 ) closed down -4.28 (-1.51%). Crude oil and gasoline prices Tuesday settled mixed, with crude posting a 3-month nearest-futures high. Crude found support Tuesday on optimism of stronger Chinese energy demand after China...

Barchart

Russian President Vladimir Putin plans to visit China in October, Kremlin says

A top Kremlin official says Russian President Vladimir Putin is planning to visit China in October

The Independent UK

Wang Yi replaces Qin Gang as Chinese FM: What to know

Removal of Xi’s trusted adviser seen as ‘huge embarrassment’ as predecessor Wang Yi is reappointed to post he once held.

Al Jazeera

The growing list of Chinese elites who disappear but later resurface subdued

Foreign minister Qin Gang’s mysterious absence and replacement follows a pattern of falls from grace for rising stars

The Guardian - UK

Toyota-GAC Joint Venture Lays Off 1,000 Workers In China

The Toyota-GAC joint venture will terminate the contracts of 1,000 dispatch workers in Guangzhou, China.

InsideEVs

Tesla Killing It Compared To German EV Rivals In Global Race

The Tesla Model Y has taken the world by storm, and it's especially popular in Europe. In fact, it's the only Tesla model produced there.

InsideEVs

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Evening Standard

China removes foreign minister Qin Gang after mysterious absence

Mr Qin has not been seen publicly since 25 June when he met with officials from Sri Lanka, Russia and Vietnam

The Independent UK

Lawmakers press for more scrutiny over China's 'malign influence' at development bank

Lawmakers intent on reducing China’s influence on the U.S. economy are seeking to push the Treasury Department to reduce the scale of Beijing’s influence at the Inter-American Development Bank, which supports economic and social development in Latin America and Caribbean

Barchart

Crude Gains on the Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) this morning is up +0.61 (+0.77%), and Sep RBOB gasoline (RBU23 ) is down -4.46 (-1.57%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-month nearest-futures high. Crude found support today after China signaled further measures to bolster...

Zenger

Typhoon Doksuri Strengthens, Targets Philippines, Taiwan, Hong Kong, And Southern China

Typhoon Doksuri, equivalent to a Category 3 hurricane, poses threats of heavy rain, strong winds, and potential landfall.

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Barchart

Can China’s Economic Policies Spark a Growth Rebound?

China’s Shanghai Composite Stock Index ($CHSC ) rallied by more than +2% today to a 1-week high as market sentiment improved after this week’s Politburo meeting laid out a pre-growth tone that was more dovish than markets expected. The Chinese Communist Party’s 24-member Politburo, the country’s top decision-making body led...

Zenger

Dow Jones Extends Winning Streak, Asian Markets Rise On Chinese Economic Boost

US markets continue to climb, fueled by earnings reports and Fed meeting, while Chinese stocks surge on government support.

Barchart

Stock Gains Muted Ahead of Mega-Cap Tech Earnings and FOMC Results

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. Stocks this morning are moderately higher. Trading activity is...

Tom’s Hardware

Intel Raptor Lake Refresh Could Launch in October, Says Chinese PC Maker

More evidence from China points to Intel launching its first salvo of Raptor Lake Refresh CPUs in October.

WEKU

China has replaced its foreign minister, absent from public for a month

China is removing its foreign minister, Qin Gang, and reappointing his predecessor, veteran diplomat Wang Yi, to fill the position.

StockNews.com

What Do These 3 China Stocks Have in Common? Quality and Smart Money Interest

The Chinese economy demonstrated immense resilience despite facing many challenges. This solidity is strengthened further by an array of initiatives deployed by the nation, which have the potential to fortify its financial terrain. Therefore, quality Chinese stocks Alibaba Group Holding (BABA), FinVolution Group (FINV), and LexinFintech Holdings (LX), owned significantly…

Barchart

Markets Today: Stocks Edge Higher as Earnings Season Ramps Up

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.04%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.29%. Stock indexes this morning are slightly higher ahead of a raft of mega-cap stock earnings results, with Microsoft and Alphabet due to report their first...

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